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$7/gal for Milk

98Z5V

By 98Z5V
in Club House

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98Z5V Grand Master

98Z5V

Posted
Posted

Yep, $7 a gallon for milk - brace yourselves.  It'll happen in about 73 hours, if our politicians don't do something.

Research it.  <thumbsup>

shepp Mentor

shepp

Posted
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like our 7$ peanut butter this summer???

its all a poop show, theyll work somthing out tomorrow and obama will be the savior once again........

98Z5V Grand Master

98Z5V

Posted
  • Author
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He couldn't lead his way out of a piss-soaked paper bag.  It's gonna aggravate the hell out of me to see him take all the credit, though.

Matt.Cross Experienced

Matt.Cross

Posted
Posted

He couldn't lead his way out of a piss-soaked paper bag.  It's gonna aggravate the hell out of me to see him take all the credit, though.

Heck, he'll probably give himself a big pat on the back and a pay raise....  :hornet:

shepp Mentor

shepp

Posted
Posted

He couldn't lead his way out of a piss-soaked paper bag.  It's gonna aggravate the hell out of me to see him take all the credit, though.

OH i know!!!

98Z5V Grand Master

98Z5V

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  • Author
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Here's a local Iowa story on this mess - it just shows you how much the Govt Fucktards have NOT been doing their jobs.  They ALL need to go - good ones, bad ones, get 'em all out.  Start fresh, with people that realize that we don't work for them, and they indeed DO work for the citizens...  Read on:

DES MOINES, Iowa -- The new year could bring new worries for American consumers: Milk prices could double or triple.

Without a new Farm Bill by Tuesday, milk prices by law would revert to rules set in 1949, which could send milk prices soaring. Those pricing laws, complete with inflation adjusters, have the potential to send prices as high as $8 a gallon from the present $3.50 a gallon national average by as soon as February.

But milk producers and processors believe action will be taken to avert the price spike.

Underscoring the nervousness around a potentially hot consumer issue, President Barack Obama on Friday urged Congress to at least pass an extension of the current Farm Bill, according to Politico.

The 64-year-old Farm Bill gives the secretary of agriculture the authority to step in to adjust prices, which Tom Vilsack is expected to do.

Vilsack said on Dec. 20 that he and his agency are "prepared to do whatever it is legally obliged to do" in the absence of a new farm bill.

"You certainly wouldn't think that the secretary of agriculture would let the price of milk double," said Miriam Erickson Brown, chief executive officer of the Anderson-Erickson Dairy in Des Moines. The company is one of the largest dairy processors in the Midwest.

While a giant leap in prices might seem like a windfall for both producers and processors, Brown and others say that wouldn't be so.

"We don't want a big spike in prices," Brown said, noting that per capita milk consumption has been flat in recent years because of what she said was an undue consumer focus on fat and calories at the expense of the nutritional value of milk.

Chris Hoeger, vice president for procurement for Swiss Valley Farms in Davenport, Iowa, said a major price increase would make U.S. milk uncompetitive in world markets and open the door to imports.

"We would continue to lose market share in the U.S. as most consumers will not spend or be able to spend $8 for a gallon of milk," Hoeger said.

Dairy producer Joe Lyon, who runs a family operation near Tama, Iowa, scoffed at the idea that prices would be allowed to more than double.

"It's just a lot of talk to scare people into passing a Farm Bill," he said.

For all its wholesome image, the politics and economics of milk have proved to be complicated.

Unlike virtually all other agricultural commodities, which long ago were sprung from government controls to the free market, milk prices still are controlled by what are known as "market orders" issued monthly by the U.S. Department of Agriculture.

The market orders the USDA sent to producers and retailers a week ago guarantee that milk prices won't rise in January.

"We know that our prices won't rise on Jan. 1, and if anything, might go down a bit through the month," said Ruth Comer of Hy-Vee Inc., the West Des Moines-based grocery chain.

"There's been some publicity, and we've had questions about it, but we've assured customers there won't be an increase after New Year's," she said.

Lyon, the Tama dairy producer, said milk is heavily regulated for "good reasons, including health and to make sure it is affordable to consumers."

"It is fashionable to criticize regulations. But regulations aren't always a bad thing," he said.

Processors like Brown see the matter differently. In April, Brown testified before a congressional committee, urging that price controls be removed from milk.

The International Dairy Foods Association, representing processors, opposes a new program included in the 2012 Farm Bill that's designed to control milk prices. Instead, the group said, the Farm Bill should emulate the programs for other commodities and focus on providing safety-net programs, such as revenue insurance, typically used to protect growers of corn, soybeans and wheat.

Disagreement between producers and processors was one of many reasons Congress was unable to pass a new Farm Bill before the November election and is thought to be unlikely to pass one before the new year. One of the key disagreements: The House wanted deeper cuts in spending, including in food stamps, than the Senate approved in its bill.

Another great article on it:

http://www.theatlantic.com/business/archive/2012/12/thanks-to-congresss-incompetence-milk-prices-are-about-to-double/266692/

planeflyer21 Newbie

planeflyer21

Posted
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Yeah.

Then there's the AZ dairy who said "This system is crap!", started his own distribution network with his own trucks, and was having retailers sell his milk for $1/gallon.

Until the feds sued him.

Jon

98Z5V Grand Master

98Z5V

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House and Senate Agricultural Committees managed to get something right - they extended the 2008 Farm Bill - only by one year, though - so milk prices won't go batshit crazy in two days.  <thumbsup>

StainTrain Newbie

StainTrain

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I read this and then I start to feel better about Feinstein's AWB bill getting dumped in the crapper at the Capitol.  These people dragged their feet on a bipartisan farm bill.  Lets not forget about the Fiscal Cliff, Budget, Entitlement Reforms, etc.  I am starting to wonder what bills get passed.

planeflyer21 Newbie

planeflyer21

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I am starting to wonder what bills get passed.

Just take a look at the past 45 years.  The ones that get passed are bipartisan.

If it advances the personal interests of politicians and their money contributors it gets passed.

If it suppresses the freedom of the common man/proleteriat in hopes of shoring up their elitist positions, then it gets passed.

Anything else is what gets headlines and bickering for years and years, turning into decades of inaction.

Mind you, the 1994 AWB was NOT debated very long.

Jon

Rsquared Mentor

Rsquared

Posted
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And as a group, I bet that they all thought that they deserved it......instead of the pink slips that the rest of us KNOW that they should really be getting.

  • 9 months later...

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